38 Kensington Ave is a commercial in Toronto, listed for $1,788,000.
1The main floor features a high-exposure retail space and a rear studio unit.
2The second floor offers a spacious 3-bedroom suite with a newly renovated kitchen, while the basement includes a bachelor unit with a separate private entrance.
3Two parking spaces with laneway access provide a rare convenience in this highly desirable neighbourhood.
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Commercial Property in Toronto
About 38 Kensington Avenue
5 bathrooms throughout the building. The main floor features a high-exposure retail space and a rear studio unit. The second floor offers a spacious 3-bedroom suite with a newly renovated kitchen, while the basement includes a bachelor unit with a separate private entrance. Two parking spaces with laneway access provide a rare convenience in this highly desirable neighbourhood. Ideally located steps from TTC, University of Toronto, hospitals, schools, libraries, shopping, restaurants, and major amenities. An outstanding opportunity for investors seeking multiple income streams, long-term rental potential, and property ownership in one of Toronto's most vibrant and sought-after communities. Don't miss this rare chance to add a prime mixed-use property in Kensington Market to your investment portfolio!
Toronto commercial priced at $1,788,000 — book a tour to see if it fits your search.
Inside 38 Kensington Ave
Every detail from the listing, in one place.
Type
Commercial
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Store W Apt/Office
38 Kensington Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C14092768$1,788,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 38 Kensington Ave Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 38 Kensington Ave. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5138.8%On average, homes sold at or above asking.
Active listings12,686Homes for sale here right now.
Median vs prior 90 days+0.8%Compared with Apr 26 – Jul 25, 2026: prices up.
Based on 9,226 sales from Jul 25 – Oct 23, 2026 (6,811 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
38 Kensington Ave is listed at $1,788,000 (MLS® C14092768). Summitly updates the price as soon as the MLS® record changes.
Has the price of 38 Kensington Ave changed?
No — 38 Kensington Ave is still listed at its original asking price of $1,788,000.
How many bedrooms and bathrooms does 38 Kensington Ave have?
The listing for 38 Kensington Ave doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
Is 38 Kensington Ave close to transit?
The nearest rapid-transit station is St. Patrick Station (Line 1), about 1000 m (about a 12-minute walk) in a straight line. Queen's Park Station is about 1.1 km (about a 13-minute walk), and Osgoode Station is about 1.2 km (about a 15-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 38 Kensington Ave compare with other homes in Toronto?
Its asking price of $1,788,000 is about 112% above the median sold price in Toronto over the last 90 days, $842,000, across 9,226 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 38 Kensington Ave been sold before?
Summitly has no earlier MLS® sale or lease of 38 Kensington Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 38 Kensington Ave?
38 Kensington Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 38 Kensington Ave been on the market?
4 days — 38 Kensington Ave was listed on October 19, 2026.
What is the land transfer tax on 38 Kensington Ave?
About $64,470 at the asking price of $1,788,000: $32,235 Ontario land transfer tax plus $32,235 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
How do I book a viewing of 38 Kensington Ave or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 38 Kensington Ave?
The listing for 38 Kensington Ave doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
When was 38 Kensington Ave built?
The listing for 38 Kensington Ave doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
